Thursday, April 07, 2016 12:21:00 AM
According to a 2014 study by the Pew Research Center, 70.6% of the American population identified themselves as Christians.
70% of 320 million = 224 million christians. If half of them are potential credit card users (i.e. adults etc.) that's 112 million if 1/3 of that number are "devout" christians that is 36 million potential Christ Card users.
I believe the number thrown out by WHAM was a potential 30 million cards issued.
Ok time for stupid math.
30mm cards x 2000 avg card limit is 60,000,000,000.00. Of course not everyone maxes out thier cards but then not everyone has a limit as low as 2k.
At 20%annual that's 12,000,000,000.00.
If WHAM received a 3% management fee to service that amount... $360,000,000.00
Annual revenue.
What would that do for the PPS?
Just Thoughts, Speculation, etc.
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